London FinTech heads for NYC with Boris Johnson trade mission

Oliver Smith is a senior reporter at The Memo, an online publication curious about the future of technology. He was formerly a reporter at City A.M.

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The trade mission to NY takes place next month (Source: Getty)

A delegation of London’s financial technology startups are joining Mayor Boris Johnson on a trade mission to New York next month.

Digital Shadows, a cybersecurity firm whose clients include the Bank of England, and Azimo, a money transfer business which raised $10m (£6.6m) in funding last March, will go on the trip to showcase London’s booming FinTech sector between 9 and 14 February.

“We are thrilled that so many of our member companies are taking part in the mission. They are great examples of the excellent calibre and talent of UK’s FinTech sector,” Claire Cockerton boss of FinTech trade body Innovate Finance told City A.M. Other FinTech startups going include Essentia Analytics, Prophis, Elliptic and Remitia.